Consolidating multiple debts into your home loan or a personal loan can save a large amount of interest. Some credit cards can have interest rates up to 25%, which can be up to 10x larger than home loan rates and much higher than personal loans.
The more interest you can save, the quicker you can pay your debts off.
Juggling multiple debts can be stressful. Late fees, annual fees and minimum payments can take a toll when they start to add up.
Consolidating your debts can make it much easier to manage and save you a lot of fees. Having multiple credit cards or loans with annual fees or maintenance fees can really drain your ability to clear those debts.
Absolutely not.
There are many ways debt consolidation can be structured, and we can talk through which one would be the best for you.
Some customers prefer to increase their mortgage and redirect the money they were paying on their credit cards or personal loans all onto their mortgage.
Others like to have a separate smaller loan with a shorter term and pay it off over five years, so they know it is behind them.
There are many solutions, and we can tailor them to what will help get you in the best position possible.
There are still plenty of options to help get you ahead. We have solutions around debt consolidation or personal loans.
If we can find a loan that saves you money in interest and fees, we are helping you get into a better position.
The best thing you can do is reach out and let us start the search to find you a solution.
Whatever your goal or situation is, the best first step is to talk to an expert. Reach out today and we can start helping you.
At The Lending Lab, we take all the hard work of navigating the complex process of getting a great deal. Here is how the process works.
We meet and get to understand what your current position is and what your goals are.
We go back to the lab and do all the research to build a game plan on how we can get you to where you want to be.
We present solutions tailored to your goals and circumstances for you to decide what is best for you.
We do the leg work to get you approved and manage the process all the way through to the end.
We review your home loan regularly, making sure you are always on a great deal.
With access to over 30 lenders and hundreds of lending products, we can help find the right loan to suit your needs.
We are here to help you keep money in your pocket, not take it out. We receive our payment from the bank that wins your business.
We are legally required to put your best interests first under Best Interest Duty Legislation. Not only do we comply, but we embrace this. We are family-owned, not banked owned.
We aren’t here to just do a transaction; we are here to help you achieve your goals. We have your back every step of the way.
Getting a loan can be a complex process, so put the experts to work and let us handle it for you.
We want our customers to know what is happening, how long it will take, and what the next steps are at all times. Whether you prefer calls, email, or text, we make sure you always know how your application is going.
We use technology and expertise to make the complex process simple. We see it as our job to make your experience as stress-free and straightforward as possible.
We translate “bank” speak to plain English. We don’t dodge the hard questions or hide behind fine text and terms and conditions.
Our business is built on our customer’s success. We will always let you know if a better deal becomes available or how we can help you towards your next goal. We are a partnership, so you never have to go it alone.
Whether you have a plan, a dream or a question, reach out today and put the experts to work for you.
